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Closed Feature request MC-2096

Mid Level Price in Renko Charts

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icon_info.png This issue has been closed with status "Partially Implemented" and resolution "Not determined".

Using a custom line i am trying to obtain the real time mid price for the high and low of a session.
The formula (HighD(0)+LowD(0))/2 does not work on Renko charts. The formula is accepted but no data is plotted on the Renko chart.
This formula for the custom line however works for a time chart etc.
As an addition, i was not able to plot OHLC Yesterday in Renko Chart

Steps to reproduce this issue

Insert Study = Custom Line
Add following formula to input field "Formula" = (HighD(0)+LowD(0))/2

Comments (1)
user-offline.png  MultiCharts Support (MultiCharts)
Apr 27, 2017 - 21:59
The pre-built function OHLCPeriodAgo has a specific limitation for using different chart types with BarType > 4. Renko BarType = 13, that is why this chart type falls under this limitation. To achieve what you described, it is necessary to write your custom function.
It should be modified here:
condition1 = (PeriodsAgo > 50) or {(BarType > IFF(PeriodType<>0, PeriodType + 1, PeriodType + 2)) or} (BarType > 258) ;
So, will need to create the new HighD and LowD functions.
Issue basics
  • Type of issue
    Feature request
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    Not determined
  • Status
    Partially Implemented
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